KapStone Paper and Packaging Corp. (NYSE:KS) fell 4% on Monday . The stock traded as low as $14.56 and last traded at $14.98, with a volume of 678,348 shares. The stock had previously closed at $15.61.

Several research firms recently weighed in on KS. Barclays PLC upped their price objective on shares of KapStone Paper and Packaging Corp. from $16.00 to $18.00 and gave the stock an “overweight” rating in a research report on Monday, May 2nd. Deutsche Bank AG reaffirmed a “hold” rating on shares of KapStone Paper and Packaging Corp. in a research report on Wednesday, May 18th. Zacks Investment Research cut shares of KapStone Paper and Packaging Corp. from a “hold” rating to a “sell” rating in a research report on Friday, July 22nd. Finally, Dundee Securities raised shares of KapStone Paper and Packaging Corp. from a “neutral” rating to a “buy” rating in a research report on Tuesday, July 19th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and six have assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $17.02.

The company has a market capitalization of $1.48 billion and a PE ratio of 17.98. The company has a 50-day moving average price of $14.58 and a 200-day moving average price of $13.77.

KapStone Paper and Packaging Corp. (NYSE:KS) last announced its quarterly earnings data on Wednesday, July 27th. The company reported $0.27 earnings per share for the quarter, missing the consensus estimate of $0.29 by $0.02. The company earned $784.91 million during the quarter, compared to the consensus estimate of $820.11 million. During the same period in the prior year, the business posted $0.44 earnings per share. The business’s revenue was up 16.9% compared to the same quarter last year. Equities analysts forecast that KapStone Paper and Packaging Corp. will post $1.18 EPS for the current fiscal year.

In related news, Director Jonathan R. Furer sold 25,000 shares of KapStone Paper and Packaging Corp. stock in a transaction dated Thursday, August 4th. The stock was sold at an average price of $15.09, for a total value of $377,250.00. Following the completion of the sale, the director now owns 1,189,400 shares of the company’s stock, valued at approximately $17,948,046. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

An institutional investor recently raised its position in KapStone Paper and Packaging Corp. stock. Bank of Montreal Can increased its position in shares of KapStone Paper and Packaging Corp. (NYSE:KS) by 1.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 86,467 shares of the company’s stock after buying an additional 902 shares during the period. Bank of Montreal Can owned about 0.09% of KapStone Paper and Packaging Corp. worth $1,953,000 at the end of the most recent quarter.

KapStone Paper and Packaging Corporation is engaged in the production of containerboard, corrugated products and specialty paper. The Company operates through two segments: Paper and Packaging, and Distribution. The Company operates approximately four paper mills. It produces approximately 2.7 million tons of containerboard and specialty paper at its mills in North Charleston, South Carolina; Roanoke Rapids, North Carolina; Cowpens, South Carolina, and Longview, Washington.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.